5 Common Mistakes Companies Make When Modernizing Their ERP Application

Posted by Dan Miklovic on Tue, Apr 24, 2018 @ 11:21 AM

As the enterprise resource planning (ERP) market approaches the quarter-century mark, many manufacturers and asset-intensive industries are going through an upgrade or refresh cycle. With the growing importance of Cloud, mobility, Big Data analytics and the Industrial Internet of Things (IIoT), these firms are frequently driven by competition, or senior management’s desire to change the company's competitive position, through Digital Transformation to become a Smart Manufacturing company. LNS has numerous end-user clients that see their business environment changing, and application decisions they made one or two decades ago now leave them with a technology portfolio that inhibits their ability to pursue Digital Transformation. Data from our IIoT survey shows that of the nearly 650 respondents, 62% list enterprise application spending as the number one investment area, over Big Data analytics and knowledge management. Unfortunately, many firms struggle with choosing their next generation ERP technology. What are the most common mistakes that make it so hard?

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Tags: Cloud, Enterprise Resource Planning (ERP), Industrial Internet of Things (IIoT), Digital Transformation, IT/OT

Schneider Electric 2018 Innovation Summit: Focus on Digital and Power [MondayMusings]

Posted by Mehul Shah on Mon, Apr 23, 2018 @ 10:30 AM

Last week, LNS attended the Schneider Electric Innovation Summit in Paris. It is one of the two flagship summits from 16 overall events Schneider Electric will hold this year to showcase their vision and technology. The event, first since Schneider Electric Software and AVEVA merger, was held in Paris from April 4-6 and had nearly 5000 attendees including customers, partners, prospects, employees, press, and analysts. The host city was painted green to match Schneider Electric brand color.

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Tags: Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT), Digital Transformation, #MondayMusings

Quality 4.0 and New Product Introductions

Posted by Dan Jacob on Wed, Apr 11, 2018 @ 11:06 AM

Developing profitable, timely, high-quality products is more important today than ever before. Visibility to product performance has never been higher, while competition continues to squeeze margins and time to market. These market dynamics, among others, are increasing the pressure on product teams.

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Tags: Industrial Internet of Things (IIoT), Digital Transformation, Quality 4.0, New Product Introduction (NPI)

Standards in the IIoT: ISA-95 and Beyond

Posted by Andrew Hughes on Thu, Mar 15, 2018 @ 11:36 AM

 

In our recent work on the Industrial Internet of Things (IIoT) and manufacturing operations management (MOM), LNS Research has highlighted the inexorable journey MOM systems are taking as they become an integral part of IIoT-based systems and solutions. Much of this journey, when looked at from the outside, is somewhat haphazard to date as each vendor is doing its own thing. Hopefully, that will change as we move towards MOM 4.0, the seventh life of MOM.

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Tags: Manufacturing Operations Management (MOM), Information Technology, Manufacturing Execution System (MES), Statistical Process Control (SPC), Industrial Internet of Things (IIoT), Digital Transformation

Open Process Automation Forum 2018 - A Year to Make or Break

Posted by Dan Miklovic on Fri, Mar 09, 2018 @ 10:33 AM

LNS joined the Open Process Automation (OPA) Forum in early 2017. A year after, here is our assessment on how far the forum has come and what the remainder of 2018 means. The OPA forum made some considerable progress in 2017, but 2018 will be the real indicator of OPA’s success or failure. The most prominent challenge facing OPA is breaking the mindset that the future must evolve from the past in small steps. OPA needs a mutation to change the way the industry needs. There will be winners and losers in any technology evolution, and the next generation of process control automation systems will be no exception.

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Tags: Industrial Automation, Smart Connected Assets, Industrial Internet of Things (IIoT), Asset Reliability, Operational Architecture, Asset Performance Management (APM)

People and Data in MOM and PLM in the IIoT Age

Posted by Andrew Hughes on Tue, Mar 06, 2018 @ 01:12 PM

In my long career in manufacturing operations, I have had many discussions with product design teams for discrete manufacturing. These discussions have ranged from pure delight to taxing because while the product designers were smart and creative they were also somewhat self-centred. Sharing of data has been a natural extension of sharing ideas, goals, and success for those of us who have worked together in design and operations, and data sharing usually resulted  in new products.

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Tags: Manufacturing Operations Management (MOM), Product Lifecycle Management (PLM), Cloud, Enterprise Resource Planning (ERP), Information Technology, Manufacturing Execution System (MES), Industrial Internet of Things (IIoT), IT/OT

ABB Launches ABB Ability™ Collaborative Operations for Power Generation & Water [MondayMusings]

Posted by Matthew Littlefield on Mon, Mar 05, 2018 @ 03:43 PM

The #MondayMusings Industrial Transformation blog series provides insight and analysis for executives from the previous week’s briefings, events, and publications @LNSResearch.

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Tags: Operational Excellence, Big Data, Industrial Internet of Things (IIoT), Digital Transformation, IT/OT, #MondayMusings, Asset Performance Management (APM)

Alexa, What’s in Store for EHS Management in 2018?

Posted by Peter Bussey on Thu, Mar 01, 2018 @ 10:03 AM

Last year was big for the environment, health, and safety (EHS) business function, regarding the technology available to manage it, and industry developments that impacted EHS. For the most part, the trends we projected in our 2017 trend and impacts to watch blog were realized, or at least advanced substantially.

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Tags: Operational Excellence, Big Data, Industrial Automation, Culture, ISO Standards, Industrial Internet of Things (IIoT), Digital Transformation, Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), Environment, Health and Safety (EHS)

All New Analytics That Matter Survey from LNS Research and MESA International

Posted by Andrew Hughes on Fri, Feb 16, 2018 @ 10:23 AM

LNS Research is thrilled to launch the first Analytics That Matter survey in partnership with MESA (Manufacturing Enterprise Solutions Association) International. For the last six years we partnered with MESA on the Metrics That Matter survey, which has been one important foundational element of LNS Research’s primary data-driven research. As the use of plant-centric data has expanded dramatically since the last survey in early 2016, we decided to change the focus from overall metrics to the use of analytics in manufacturing operations and beyond.

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Tags: Metrics, Manufacturing Operations Management (MOM), Big Data, Benchmarking, Overall Equipment Effectiveness (OEE), Mobile / Mobility, Manufacturing Execution System (MES), Industrial Internet of Things (IIoT), Asset Reliability, Digital Transformation, Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), Asset Performance Management (APM)

8 Most Asked Questions from the Making MOM Choices in a Changing World Webcast

Posted by Andrew Hughes on Thu, Feb 15, 2018 @ 01:46 PM

On Wednesday, February 14, LNS Research hosted the webcast, “Making Manufacturing Operations Management Choices in a Changing World.” The presentation examined the complex considerations involved in MOM system choices, why the Industrial Internet of Things (IIoT) and manufacturing operations management (MOM) will partially merge, and what to expect in terms of data organization and protocols.  The discussion also included an examination of how manufacturing information architectures will change as companies move to smart manufacturing.

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Tags: Manufacturing Operations Management (MOM), Manufacturing Execution System (MES), Smart Connected Assets, Industrial Internet of Things (IIoT), Digital Transformation